Market Overview:
The global phosphite market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for phosphites as stabilizers for plastics and other applications. Phosphites are also used as flame retardants, antioxidants, and corrosion inhibitors in various end-use industries. North America is expected to lead the global phosphite market during the forecast period owing to the presence of key players in this region and rising demand from end-use industries such as automotive and construction.
Product Definition:
A salt of phosphoric acid, H3PO3, used especially as a fertilizer and fungicide.
Solid Phosphites:
Solid phosphites are white crystalline solid, soluble in water and have a pKa of 5.2. Solid phosphite is commercially available as an odorless, tasteless powder that can be easily mixed or blended with other ingredients to produce food additives or flavor enhancers for the food industry.
Liquid Phosphites:
Liquid phosphites are a type of inorganic acidity regulator, which is used as an additive to the food and feed industry. It has widespread applications in detergents, soaps, textiles and paper products. The product also finds application as a fumigant for gas masks during World War II.
The product was first developed by accident at the Bayer MaterialScience laboratory in Germany when workers were trying to develop an all-purpose cleaner for cleaning lab equipment.
Application Insights:
Stabilizers for plastics was the leading application segment and accounted for over 40% of the global demand in 2016. Phosphites are used as additives to improve adhesion between polymers and metals, thereby enhancing long-term stability. The growing packaging industry is expected to remain a key driver for market growth over the forecast period.
Phosphites are also used as colorants in plastic compounds that include PVC (Polyvinyl Chloride) and polystyrene. They impart transparency & flexibility to these plastics while maintaining their strength & durability properties which makes them an ideal choice for use in children¢â‚¬â„¢s toys, flexible electronics components & medical devices among other applications such as food containers & bottles among others.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to low labor costs coupled with easy availability of raw materials. China, India, Australia, and Japan are some of the largest phosphite producing countries in this region.
China is projected to be one of the fastest-growing markets for solid and liquid phosphites on account rising demand from end-use industries such as paints & coatings, adhesives & sealants, wood preservation agents among others. In addition liquid phosphite market is also driven by increasing demand from food processing industry due to its antimicrobial properties which results in enhanced food quality at room temperature as compared to frozen foods thereby driving up consumption trends over the forecast period.
Growth Factors:
- Increasing demand from the agriculture sector for phosphite as a fertilizer to improve crop yield and quality.
- Rising awareness about the benefits of phosphite among farmers and growers, which is driving its adoption in various countries.
- Growing demand for organic produce, which is boosting the use of phosphite as a soil amendment to improve plant growth and health.
- Proliferation of new applications for phosphite in horticulture, floriculture, and other agricultural sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phosphite Market Research Report
By Type
Solid Phosphites, Liquid Phosphites
By Application
Stabilizers for Plastics, Others
By Companies
Amfine Chemical, JCIC, Addivant, Songwon, Helena Chemical, Van Iperen, LidoChem, BinhaiWuzhou, Changhe Chemical, Nanjing Runyou, Zhejiang Jiahua, Jiangsu Changqingshu, Chang Rong, Changshu Changji, Lianyungang Shengnan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Phosphite Market Report Segments:
The global Phosphite market is segmented on the basis of:
Types
Solid Phosphites, Liquid Phosphites
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Stabilizers for Plastics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amfine Chemical
- JCIC
- Addivant
- Songwon
- Helena Chemical
- Van Iperen
- LidoChem
- BinhaiWuzhou
- Changhe Chemical
- Nanjing Runyou
- Zhejiang Jiahua
- Jiangsu Changqingshu
- Chang Rong
- Changshu Changji
- Lianyungang Shengnan
Highlights of The Phosphite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Phosphites
- Liquid Phosphites
- By Application:
- Stabilizers for Plastics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phosphite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phosphite is a mineral that is composed of phosphorus and oxygen. It is most commonly found in the form of white, crystalline powder. Phosphite can be used as an additive to fertilizers or pesticides to help increase their effectiveness.
Some of the key players operating in the phosphite market are Amfine Chemical, JCIC, Addivant, Songwon, Helena Chemical, Van Iperen, LidoChem, BinhaiWuzhou, Changhe Chemical, Nanjing Runyou, Zhejiang Jiahua, Jiangsu Changqingshu, Chang Rong, Changshu Changji, Lianyungang Shengnan.
The phosphite market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phosphite Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Phosphite Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Phosphite Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Phosphite Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Phosphite Market Size & Forecast, 2018-2028
4.5.1 Phosphite Market Size and Y-o-Y Growth
4.5.2 Phosphite Market Absolute $ Opportunity
Chapter 5 Global Phosphite Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Phosphite Market Size Forecast by Type
5.2.1 Solid Phosphites
5.2.2 Liquid Phosphites
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Phosphite Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Phosphite Market Size Forecast by Applications
6.2.1 Stabilizers for Plastics
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phosphite Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Phosphite Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Phosphite Analysis and Forecast
9.1 Introduction
9.2 North America Phosphite Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Phosphite Market Size Forecast by Type
9.6.1 Solid Phosphites
9.6.2 Liquid Phosphites
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Phosphite Market Size Forecast by Applications
9.10.1 Stabilizers for Plastics
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Phosphite Analysis and Forecast
10.1 Introduction
10.2 Europe Phosphite Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Phosphite Market Size Forecast by Type
10.6.1 Solid Phosphites
10.6.2 Liquid Phosphites
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Phosphite Market Size Forecast by Applications
10.10.1 Stabilizers for Plastics
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Phosphite Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Phosphite Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Phosphite Market Size Forecast by Type
11.6.1 Solid Phosphites
11.6.2 Liquid Phosphites
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Phosphite Market Size Forecast by Applications
11.10.1 Stabilizers for Plastics
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Phosphite Analysis and Forecast
12.1 Introduction
12.2 Latin America Phosphite Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Phosphite Market Size Forecast by Type
12.6.1 Solid Phosphites
12.6.2 Liquid Phosphites
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Phosphite Market Size Forecast by Applications
12.10.1 Stabilizers for Plastics
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Phosphite Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Phosphite Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Phosphite Market Size Forecast by Type
13.6.1 Solid Phosphites
13.6.2 Liquid Phosphites
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Phosphite Market Size Forecast by Applications
13.10.1 Stabilizers for Plastics
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Phosphite Market: Competitive Dashboard
14.2 Global Phosphite Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amfine Chemical
14.3.2 JCIC
14.3.3 Addivant
14.3.4 Songwon
14.3.5 Helena Chemical
14.3.6 Van Iperen
14.3.7 LidoChem
14.3.8 BinhaiWuzhou
14.3.9 Changhe Chemical
14.3.10 Nanjing Runyou
14.3.11 Zhejiang Jiahua
14.3.12 Jiangsu Changqingshu
14.3.13 Chang Rong
14.3.14 Changshu Changji
14.3.15 Lianyungang Shengnan
